Friday's announced financings: June 9

June 12, 2023 12:27 PM PST

Here’s your roundup of Friday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.

1. LevelJump Healthcare Corp. (TSX-V: JUMP)

  • Gross Proceeds: $5 million
  • Sector: Healthcare
  • Units issued: 5 million
  • Type: Preferred shares
  • Price: $0.10
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Not stated

Company breakdown:

  • Operates in-patient imaging centers and provides telehealth radiology
  • Passed $9 million in revenue in 2022
  • Lost $239,000 in Q1

2. 1CM Inc. (CSE: EPIC)

  • Gross Proceeds: $5 million
  • Sector: Cannabis
  • Units issued: 3.33 million
  • Type: Special units
  • Price: $1.50
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Cannabis company that says it's "dedicated to democratizing cannabis markets"
  • Recently announced plans to acquired Nugget Data, a cannabis tech platform

3. Pushfor Tech Inc. (CSE: PUSH)

  • Gross Proceeds: $300,000
  • Sector: Tech investment
  • Units issued: 6 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Full; $0.06; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Pay down debt

Company breakdown:

  • Tech investment company
  • Recently acquired AFX blockchain app

4. Westmount Minerals Corp. (CSE: WMC)

  • Gross Proceeds: $250,000
  • Sector: Precious metals
  • Units issued: 5 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Full; $0.075 & $0.10; Two years
  • Agents: Non-brokered        
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Mining junior focused on projects in the Abitibi gold belt and lithium projects in Ontario
  • Lack of recent news

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